Conceptual Model

The role of the WAX Platform as a virtual goods marketplace is to decentralize exchanges while allowing users to purchase goods with a global token.WAX will enable a new generation of virtual asset traders, in a similar way that modern marketplaces enabled entrepreneurs to become power sellers online, ride share drivers or hosts for travelers (Alibaba, Amazon, Uber, and Airbnb). These platforms enhanced commerce for millions of small business owners and created hundreds of billions of dollars of7 new value by making their platforms easy to use and widely available, while simultaneously solving expensive problems like fraud prevention, settlement execution, product and seller reviews, standardized catalogs of product information, supply and demand matching, etc.

Project Description

Worldwide Asset eXchange is a decentralized platform that enables users to operate a fully functioning virtual marketplace. It is an item repository and was designed to serve videogamers to collect and trade virtual assets. WAX is an ERC 20 utility token that supports the activities and functionality of the Worldwide Asset eXchange's platform, such as listing items for sale, transacting value between each other, settling the transfer of virtual goods, creating and servicing contracts, and proposing and voting for WAX Decentralized Exchange Multi-Party Payout Settlement Agent Asset Guilds. Team:William Edward Quigley: CEO. Malcolm CasSelle: President. John Brechisci, Jr.: Lead Designer.Jonathan Yantis: COO.Worldwide Asset eXchange is currently holding its Pre-sale, which will end on November 15th, at noon. The Pre-sale funding cap is 70,000 ETH and each token is offered for 0.00333333333 ETH. The main ICO will be held on November 15th, 2017. The ICO token supply represents 35% of the total token supply, so there will be a total of 64,750,000 tokens available, for a starting price of 0.00666666666 ETH each at the offering. The ICO the funding cap is 20,000 ETH and is expected to end on November 29th, 2017 or when the funding cap is reached.Token Reserve Split (65%):20% WAX Team and Founders;15% Contributors and Advisors;30% Market Development;Worldwide Asset eXchange ICO campaign will feature Bonuses, and the token will not be mineable.Bonus Structure:

January 05, 2018

Please visit our medium blog located at:WAX.ioAnd if you have any questions please visit our Telegram community here:https://t.me/wax-ioThank you!WAX.io is LIVE! was originally published in WAXToken on Medium, where people are continuing the conversation by highlighting and responding to this...

From: Malcolm CasSelle

December 04, 2017

CryptoKitties has taken the world by storm, both among crypto holders and entering into the mainstream, and its proving what we at WAX have been saying all along — digital trading in the gaming industry will drive global mass adoption of cryptocurrencies, to the point where the volume of...

OPSkins, the global leader in sales of in-game virtual assets, is also the number one bitcoin merchant on the planet. With a worldwide following of users who frequently make cross-border micro-payments, the companyit a prime candidate in terms of market size and user demand for a decentralized...

OPSkins.com will begin accepting WAX ERC20 tokens immediately on OPSkins.com for transactions after WAX distribution. In order to service the anticipated demand, OPSkins will purchase any remaining WAX tokens one hour before the token sale ends. There are currently less than 1% of our tokens...

There is a highly needed and profitable solution in the rocky cryptocurrency market, and it’s being brought by a company that’s already dominating the area.I couldn’t help but be impressed when I saw that OPSkins, who were already leading the industry, was ready to take their dedication...

November 25, 2017

4 million crypto wallet holders don’t know about 400 million gamers. How did this happen, and what could it mean?“We see online video game players as the best customers to start with because a lot of what they do collecting and selling virtual items is similar to trading cryptocurrencies on...

From: Malcolm CasSelle

November 24, 2017

The unprecedented growth of blockchain and impending ubiquity of decentralization has shaken up established business and traditional technology. At the forefront of this is the evolution of traditional P2P networks and marketplaces into decentralized marketplaces that eliminate a number of the...

From: Malcolm CasSelle

November 23, 2017

With the eSports industry exploding in size and capitalization, many companies are building games and eSports services products on the blockchain to leverage the power of tokenization and decentralization. Incidentally, many of the gaming problems that the blockchain solves are also real world...

From: Malcolm CasSelle

November 03, 2017

We sat down with Anthony who recently backed WAX token, and here’s what he had to say about gaming eSports blockchains. Here he gives his thoughts on how this new technology can be used in gaming. Here’s what he had to say:“WAX is an exciting project. Their team has used blockchain tech...

From: Malcolm CasSelle

November 14, 2018 16:34

Team WAX Interview Series: Mark Wheatley, Senior Linux Engineer

In episode five, Devi Omega interviews Senior Linux Engineer Mark Wheatley. Devi and Mark talk about the technical infrastructure behind WAX, and what it takes behind the scenes to run a global platform to customer's and developer's satisfaction.

October 10, 2018 17:23

NY Games Conference | Panel: Blockchain Gaming Revolution

William Quigley, CEO of WAX and OPSkins, spoke at the NY Games Conference during the New York Media Festival in lower Manhattan on Thursday October 4, 2018. On this panel, titled Blockchain Gaming Revolution, William discussed how the current state of virtual item ownership needs to evolve, why video gaming is the media vertical that is most ripe for blockchain applications, and fields questions from the panel audience. Watch the Facebook Live recording here.

September 04, 2018 20:47

Virtual reality meets blockchain! WAX partnered with CryptoCarZ

CryptoCarz are coming soon to WAX ExpressTrade, where customers can trade these NFTs instantly and for free in exchange for other NFTs. But that's not all - CryptoCarz traders will also be able to open special-edition items in loot crates using WAX Keys. Watch the demo here.

August 09, 2018 18:11

Through this partnership, owners of digital items that are traded on the WAX Blockchain will be able to interact with them in virtual reality through Terra Virtua's platform.

The partnership combines the strength of the WAX marketplace with Terra Virtua’s immersive AR/VR platform to create a secure, streamlined and interactive social environment to view, buy, sell and trade virtual collectibles (axes, capes, skins etc). Any 2D or 3D digital item that can be transferred, stored, or traded digitally can be exchanged on the WAX Blockchain and viewed with Terra Virtua’s fully immersive AR/VR blockchain platform. For example, you can see in this demo how VGO items, which currently trade on the alpha WAX Blockchain, can appear in Terra Virtua.